Karachi: The Universal Insurance Company Limited has taken a significant step in engaging its shareholders by introducing postal ballot and electronic voting facilities for its upcoming Annual General Meeting (AGM). The AGM is scheduled for April 27, 2026, at 10:30 a.m., as per the notification issued earlier on April 6, 2026.

The company has enclosed the postal ballot paper, which is set to be published on April 18, 2026, in two newspapers, namely "Daily The Nation" (English) and "Daily Ausaf" (Urdu). The same will be available on the company's official website, www.uic.com.pk, aligning with the requirements of the Companies (Postal Ballot) Regulations, 2018. This initiative allows shareholders to participate in the decision-making process through convenient voting options.

According to information available from the Pakistan Stock Exchange (PSX), the introduction of these voting facilities marks a progressive move towards enhancing shareholder engagement and transparency. The electronic voting facility will be accessible to eligible members, ensuring compliance with applicable laws.

This development aims to facilitate a broader participation base among shareholders, offering them an easy and efficient way to cast their votes. The procedure for e-voting and postal ballot voting is detailed in the AGM notice, providing clear guidelines for shareholders wishing to utilize these methods.

The Universal Insurance Company Limited's efforts to modernize its voting mechanisms reflect an understanding of the evolving needs of its stakeholders, ensuring that all TR Certificate Holders of the Exchange are informed accordingly.